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Errors committed by businesses that usually leads to bankruptcy.
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[QUOTE="TOZZIBLINKZ, post: 272661, member: 37528"] When a business owes too many debts and liabilities it can lead to the business going bankrupt and becoming liquidated and also when a business gives too many credit sales to its customers and clients just because it won't to win their loyalty and trust the business can also suffer the repercussions when the client and customers does not pay in time and this in turn could lead to the business bankruptcy of becoming slowly liquidated. There are other things that could lead to business bankruptcy but they are both are some monetary causes of business bankruptcy and talking about environmental causes that simply means when the business is being established in the wrong environment where it is unable to gain access to adequate and sufficient amount of market size suitable and capable for it to make a reasonable amount of profit and income. Bad business documentation can also lead to a business bankruptcy whereby a business is unable to ascertain whether it is absolutely making profit or on a loss. [/QUOTE]
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Errors committed by businesses that usually leads to bankruptcy.
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